FAQs

What is required for an FHA Exempt Transfer due to Death?

Six (6) months of consecutive bank statements showing payments made to the loan only by the assuming party.
- If the bank statements cannot be provided, the assuming party will be required to go through a full credit qualification review or wait until six (6) consecutive timely payments are made.
If the assuming party is not on the loan, the following documents are required:
- Driver’s License
- Social Security Card
Death Certificate
Will/Probate documents
Recorded Quitclaim Deed
Homeowners insurance policy that lists only the assuming party as the insured.